Caroline Pham, who directs the Commodity Futures Trading American Commission on an actor basis, continues a tokenization pilot program supported by stablescoin, and an upcoming summit will include Coinbase, Ripple, Circle, Crypo.com and others digital asset companies.
Pham had suggested the idea of a so-called regulatory sandbox on tokenization through its advisory committee, the advisory committee on the world markets, in the past, but which had not been adopted by management previous of the agency.
“I am delighted to announce this revolutionary initiative for the American digital asset markets,” Pham acting president said on Friday in a statement. “I can’t wait to get involved with market players to keep the Trump administration to guarantee that America is going to the way to the economic opportunity.”
The idea, based on what Pham called “responsible innovation”, would continue in the use of non -monetary guarantees “through the technology of the great distributed book”, according to the agency.
An additional date and details for the CEO forum of digital assets have not yet been set.
As an acting president, the republican commissioner Pham has brought spectacular changes to the guard dog for American derivatives in just a few weeks after starting to come to former President Rostin Behnam, a democrat appointed by the former president Joe Biden. These changes have included a large replacement of the agency’s senior officials, and a question of personnel involving a former human resources chief sparked an unusually open and detailed response on Thursday of the CFTC. The regulator spokesperson argued that “false allegations” had been made against Pham by “unhappy individuals” that the agency is linked to investigations on internal misconduct.
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